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Who needs PR software?

04/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

PR agencies: PR agencies are companies that specialize in developing PR strategies and campaigns. They are likely customers of PR software and editorial databases, as they need access to a wide range of contacts to make their campaigns effective.

Companies in the technology industry: companies in the technology industry are another potential customer of PR software and editorial databases. This is because the technology industry is fast-paced and competitive, and companies often rely on an effective PR strategy to stand out from the competition.

Companies in the financial industry: companies in the financial industry such as banks, insurance companies, and investment companies often need PR software and editorial databases to effectively communicate their news and annual reports.

Government agencies: Government agencies often need PR software and editorial databases to effectively get their messages out to the public and communicate their policies and programs.

Healthcare companies: Healthcare companies, such as pharmaceutical companies and hospitals, often need PR software and editorial databases to market their products and services and disseminate their messages to physicians, patients, and the public.

Non-governmental organizations (NGOs): NGOs are organizations that advocate for social and political change. They often need PR software and editorial databases to effectively get their messages out to the public and promote their campaigns and events.

Entertainment companies: entertainment companies, such as movie studios and record labels, often need PR software and editorial databases to market their projects and releases, and to disseminate their messages to critics and fans.

Educational institutions: Educational institutions such as universities and colleges often need PR software and editorial databases to effectively communicate their programs and research findings and get their messages out to the public.

Companies in the retail industry: Companies in the retail industry often need PR software and editorial databases to effectively manage their advertising and marketing campaigns and disseminate their messages to customers and prospects.

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Positioning: Why it's so important for your business

03/06/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The positioning of your company is the key to your success. It is what differentiates your company from others and what makes it unique. Positioning helps you define your business and brand and present it to potential customers. Here are some reasons why positioning is so important:

Differentiation from competitors

Positioning helps you differentiate your business from your competitors. There are many companies that offer similar products or services to yours. By clearly defining your positioning, you can ensure that you stand out from the competition and attract potential customers to you.

Clarity and unambiguity

Clear positioning helps customers understand what your business offers and what makes it unique. It gives customers a better understanding of what they can expect from your business and what you expect from your customers. Clear positioning also helps to establish your business in the minds of customers.

Target your audience

Good positioning helps you better understand and target your audience. By clearly defining your positioning, you can ensure that your message is directed to the right audience. This increases the likelihood of reaching potential customers who are interested in your product or service.

Add value

Clear positioning can help increase the value of your business. When your business is unique and has a clear positioning, it becomes more attractive to potential investors and partners. Good positioning can also help your business charge higher prices for products or services.

Conclusion

Clear positioning is essential for any business. It helps you stand out from your competitors, appeal to your target audience, and increase the value of your business. By clearly defining your positioning, you can ensure that your business is unique and distinctive.

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How does target group analysis work?

03/03/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Target group analysis is an important step in marketing strategy to better understand the needs, desires, preferences and buying patterns of potential customers. A successful target audience analysis can help you target your marketing and sales activities to your target audience, increasing your chances of success.

Here are some steps that can help in conducting a target audience analysis:

Gather data about your existing customers: Use internal data to gather information about your existing customers. This can include: Demographic characteristics (age, gender, income, education), buying patterns, buying habits, interests, hobbies and more.

Research your potential audience: use external data sources to learn more about your target audience. For example, you can use publicly available data such as census data, market research reports, or other relevant data sources.

Identify your target audience: identify your target audience based on the information you have gathered. In doing so, you should also analyze the market and your competition.

Create personas: Create one or more personas that represent your target audience. Personas help you focus on your target audience and develop targeted marketing messages based on their needs and wants.

Use tools: Use tools like social media analytics or Google Analytics to gather more information about your target audience.

Analyze your results: Analyze the data you collect and derive conclusions about which marketing strategies are best suited to appeal to your target audience.

Through a thorough target group analysis, you can better understand the needs and desires of your target group and thus develop targeted marketing strategies that increase your chances of success.

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Why most burn money in online marketing

03/02/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several reasons why many people lose money in online marketing. Here are some possible factors:

Insufficient knowledge and experience: many people start an online marketing business without having sufficient knowledge and experience in the field. For example, they may focus on a particular strategy or technique without understanding how it can be integrated into a broader marketing plan.

Lack of clear goals and strategies: another reason why many people lose money in online marketing is that they do not have clear goals and strategies. They may start without an elaborate plan and hope that things will take care of themselves.

Competition: competition in online marketing is often fierce and it can be difficult to stand out. If a business is not able to differentiate itself from the competition, it can be difficult to attract customers and be successful in the long run.

Poor targeting: Another common mistake in online marketing is that companies don't know their target audience well enough or target the wrong audience. For example, if a company offers products or services that are not relevant or interesting to a particular target group, it will have difficulty attracting customers.

Lack of measurability and optimization: In online marketing, it is important to measure and constantly optimize results. If a business is unable to measure and optimize its campaigns, it will struggle to improve its effectiveness and save money.

These factors can cause businesses to lose money in online marketing. It is important to consider these factors and develop a clear strategy to be successful in online marketing.

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What are mistakes when placing ads for potential B2B customers with Google Ads?

02/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many mistakes advertisers can make when advertising to potential B2B customers on Google Ads. Here are some common mistakes:

Unclear or imprecise ad copy: Ad copy should accurately describe what the company offers and how it can be used by potential customers.

Failure to target the right audience: advertisers should ensure that they target their ads to the right people who are interested in their products or services.

Lack of keyword usage: Advertisers should select relevant keywords and include them in their ad copy to ensure that their ads are displayed to the right people.

Poorly designed landing pages: advertisers should ensure that their landing pages are designed in an appealing way to attract potential customers and make them take an action.

Insufficient budget: Advertisers should ensure that they have enough budget to run their ads throughout the day to reach the maximum number of potential customers.

Lack of monitoring and adjustment: advertisers should monitor and adjust their ads regularly to ensure they are getting maximum results and using their budget effectively.

Neglect of competition: advertisers should keep an eye on the competition on Google Ads and optimize their ads accordingly to compete with other ads.

Lack of measurement and analysis: Advertisers should measure and analyze their ad performance to understand which ads are more effective and what changes need to be made to achieve better results.

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